Valley National Advisers Inc. Increases Stock Position in iShares Core Dividend ETF (BATS:DIVB)

Valley National Advisers Inc. boosted its position in shares of iShares Core Dividend ETF (BATS:DIVB) by 47.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,386 shares of the company’s stock after purchasing an additional 1,091 shares during the period. Valley National Advisers Inc.’s holdings in iShares Core Dividend ETF were worth $159,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Segall Bryant & Hamill LLC purchased a new position in shares of iShares Core Dividend ETF during the 3rd quarter valued at approximately $25,672,000. World Investment Advisors LLC bought a new position in iShares Core Dividend ETF during the 3rd quarter valued at $10,290,000. Foguth Wealth Management LLC. grew its holdings in iShares Core Dividend ETF by 57.2% during the 3rd quarter. Foguth Wealth Management LLC. now owns 321,447 shares of the company’s stock worth $15,548,000 after acquiring an additional 116,989 shares in the last quarter. Signal Advisors Wealth LLC increased its position in shares of iShares Core Dividend ETF by 33.5% in the 4th quarter. Signal Advisors Wealth LLC now owns 417,889 shares of the company’s stock worth $19,808,000 after purchasing an additional 104,979 shares during the last quarter. Finally, Verity Asset Management Inc. acquired a new stake in shares of iShares Core Dividend ETF in the 3rd quarter valued at about $3,612,000.

iShares Core Dividend ETF Stock Performance

Shares of DIVB stock opened at $49.51 on Monday. The stock has a market capitalization of $391.10 million, a price-to-earnings ratio of 16.30 and a beta of 0.78. iShares Core Dividend ETF has a one year low of $20.77 and a one year high of $32.90. The company’s 50-day simple moving average is $48.77 and its 200-day simple moving average is $48.11.

iShares Core Dividend ETF Company Profile

The iShares U.S. Dividend and Buyback ETF (DIVB) is an exchange-traded fund that is based on the Morningstar US Dividend and Buyback index. The fund tracks an index of all-cap US stocks that have a history of dividend payments and\u002For share buybacks. DIVB was launched on Nov 7, 2017 and is managed by BlackRock.